changing the dividend policy i think would be a big benefit to shareholders. i hope they do it.
the ceo is very conservative and that's why he didn't want to buy back shares when the stock was so low. he screwed up. hopefully the next time we have a sell off like that the son will be around and can take advantage of it.
why hasn't this been banned yet then? i think if it's happening as much as you say it would have been banned by now. i mean you have seen what dozens of cases and your just one doctor.
15b market cap (14b EV) seems high but i would not be complaining. just hard to see the math work given what earnings are suppose to do. i'd like to see them buy back shares if the price drops. a little surprised they did not buy some shares earlier this year. heck they probably should be running with 1b of debt not the cash level they have.
i think NWLI should eventually trade to .65x book value by the end of the year - and if rates slowly rise up to 3% on the 10 year over the next 12 month maybe we can get a little higher. i don't think we see this get to book value unless rates are higher and/or there is better capital management. but predicting what it does on a day to day basis is useless.
i don't really understand why someone is bleeding shares out when if they had a block of shares i think the company would buy it back. stupid.
i don't think the old man is thinking of going anytime soon.
i have talked to someone on the board. i think many of them agree with it and i think the son agrees with it but the old man doesn#$%$ unfortunate that he didn't step up to the plate when he had the chance a few years ago. we could have had book value probably close to 470 at the end of 2014 if they had bought some shares in.
he would be considered a wonderful ceo if he focused more on book value growth versus growth for growth sake and no capital allocation.
a dividend is all that i think shareholders should want along with the ability to buy back shares when the stock is cheap (like it is now).
40% of earnings should go to shareholders and the rest invested back into the company.
sales according to scanner data was up 60% the last 4 weeks (YOY) and 45% or so in the last 12 weeks (YOY). this must be partly due to increased distribution finally getting placed.
really classy to put someone's cell phone on yahoo. you think that's going to get your way with management?
one doesn't need profitablity but how about some sales. you really want them talking to investors at this point? you get one shot perhaps. why not wait till revenues are 20mm a year and on the right trajectory.
i did not realize it was as high as it was. It looks like book value ex oci is 43 dollars for PL. so it got sold for 1.6x book value ex oci. i think NWLI book value ex oci is around 400.
i would think even mr. moody would consider selling at those multiple!
have to say it was pretty strange that she was put on the board. the stock has traded at a massive discount in the past and is at a big discount now. this should be trading at at least .80 ex oci given i think peers are at approximately 1.00. that's still big upside.
it's on very low volume. we plan on adding if it continues to drop. earnings should be okay (they were pretty good last quarter) and book value should continue to grow very nicely. what should be very nice is adjusted book value as i think that will be up even more.
thanks. this is good to know. not sure how big of a deal this is for the company or not. nice to see they are getting traction on distribution. what we need to see is increased distribution in the up and down the street. That's where i think a distribution deal is needed but the company isn't going to do anything that's not economical.
interesting to see that COT is up 10% since earnings came out. hopefully we will see the same reaction when our earnings come out in a month or so.